Expeditors Reports Second Quarter 2019 EPS of $0.88
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Expeditors Int'l (EXPD) Tops Q2 EPS by 6c
August 6, 2019 8:32 AM EDTExpeditors Int'l (NASDAQ: EXPD) reported Q2 EPS of $0.88, $0.06 better than the analyst estimate of $0.82. Revenue for the quarter came in at $2.04 billion versus the consensus estimate of $2.08 billion.
Diluted Net Earnings Attributable to Shareholders per share (EPS1) increased 11% to $0.88Net Earnings Attributable to Shareholders increased 9% to $153 millionOperating Income increased 5% to $192 millionRevenues increased 4% to $2 billionNet Revenues2 increased 3% to $662 millionAirfreight tonnage volume decreased 5% and ocean container volume increased 2%During the quarter and throughout the first half of the year, we have shown our ability to manage uncertainty... More
